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Jewish Real Estate Developer Claims He Was Locked out of Synagogue on Chanukah
A notable Jewish Manhattan real estate executive claims he was deceived and his rights were violated after the buyer of his Garment District building locked him out of his personal office and his...
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Mitchell-Lama Housing Program asking State for $1.5 Million Donation
Robert Rodriquez, Democrat Assembly Member, is seeking a donation of $1.5 billion towards the Mitchell-Lama housing program to help preserve and develop affordable housing. Mitchell-Lama is a state...
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Economy is Up, But New Yorkers Still Unhappy With Employment Rates
New York has been successful in the last few years in creating jobs and improving wages for working citizens, but recently the New Yorkers have become negative about the direction of their city. As...
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JP Business: Borough Park Expecting New Housing Development
A new housing development, aimed at Borough Park’s Hasidic community, will be located at 1560 60th Street. The property is located by 60th Street, 16th Avenue, 61st Street and the Long Island Rail...
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Hearing Reveals Funding for Affordable Housing Based On De Blasio’s Plan
A hearing took place early Dec. with Assemblyman Keith Wright presiding over it. This hearing was held to tackle issues concerning money, tax credits, and rent-stabilizing apartments that were due to...
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New York City Sees a Major Increase in Tourism
It appears New York City has seen a major increase in tourism this year due to extended hours and smoother security clearance. Some of the most famous structures in the city have been seen by millions....
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JP Business: Jared Kushner Makes Major Acquisition in Queens
Jared Kushner’s Kushner Companies made its first major acquisition in Queens, paying $51 million for four-buildings in Astoria that includes 143 residential units and 11 commercial units, according to...
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Report: Funding For High-Need Schools in NY Has Reached Record Low Under Cuomo
Reports say the education reform has increased funding inequities between poor and rich school districts across the state. It has reached a record low under Gov. Cuomo, at 43 percent in New York City....
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Mayor de Blasio Announces Tax Reform, Providing Relief to NYC Businesses
Mayor Bill de Blasio proposed today a major reform of New York City’s corporate tax structure, modernizing an outdated system, providing vital tax relief to the city’s small businesses and local...
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Joseph Sitt Claims Another Multi-Million Dollar Property in the Upper East Side
Joseph Sitt is a force to be reckoned with. In addition to the many properties he owns throughout the country, Thor Equities recently purchased an Upper East Side retail co-op for $42.3 million....
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EXCLUSIVE: Senator Felder Determined To Keep Freight Railway Project In The...
Congressman Jerry Nadler (D-Brooklyn) is convinced he is winning a three decade long fight to advance the multibillion-dollar rail tunnel under the New York harbor, with an approaching deadline for the...
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Cuomo Appoints Assemblyman Camara To Head Office Of Faith-Based Community...
Governor Andrew M. Cuomo today presented the seventh piece of his “2015 Opportunity Agenda” – the creation of a new State unit, the Office of Faith-Based Community Development Services. The governor...
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Gov. Cuomo Proposes Minimum Wage Increase for New York City
The governor proposed Sunday raising the city’s minimum wage to $11.50 an hour and $10.50 in the rest of the state. If approved by the State Legislature, the minimum wage would be increased from $8.75...
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CBS Stats: Israel’s Economy Actually Grew During Gaza War
War can have disastrous effects on the economy, especially in Israel. For that reason, recent figures from the Central Bureau of Statistics that Israel’s economy actually grew at an annualized 0.2%...
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JP Business: Rubin Schron Seeks to Purchase an UES Property for More than $90M
Rubin Schron has a lot on his plate. Schron intends to buy a 12-story property on the Upper East Side for more than $90 million. Schron’s Cammeby’s International is purchasing the building from the...
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Cuomo Urged To Include Education Tax Credit In Budget
Senate Majority Leader Dean Skelos said in a statement on Monday that he believes Gov. Andrew Cuomo should include a tax credit aimed at strengthening parochial schools in his 2015-16 budget proposal....
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State Comptroller: Tax Revenues Higher Than Expected in NYC
The state collected $474.2 million more than it initially expected in tax revenue last month, while collections over the last three quarters are $716.4 million more than anticipated, Comptroller Tom...
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Uber Looks to Expand Internationally, Raking in $40 Billion Since 2009
Despite the city of New York trying to regulate Uber’s prices to be fair, Uber Technologies Inc. is looking to expand even further. Uber raised $1.6 billion in convertible debt from Goldman Sachs Group...
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JP Business: Dushinsky Set to Create Residential Housing in Thriving Brooklyn...
Simon Dushinsky, the developer who is planning a massive rental project at the site of Brooklyn’s Rheingold Brewery in Bushwick, has filed plans for a 398-unit rental building at 10 Montieth Street,...
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Bloomberg Changes Things Up As He Returns to His News Organization
There have been many changes since the founder of Bloomberg, Michael R. Bloomberg, returned from City Hall. Some big and some small, but nonetheless the company has taken a different turn. The...
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